"The Spaniards who first visited the coast of Argentina, and sailed up the broad and imposing river that empties into the Atlantic Ocean, were so impressed with the outlook and prospects, that they named the country Argentina, which means silvery or silver-like, and bestowed upon the majestic stream the name Rio de La Plata, which means river of silver. When their prospectors failed to find the great deposits of gold and silver, which had been described to them by the natives, this province lost much of its importance, and soon dwindled into comparative insignificance. The city, which was founded near the mouth of that river, continued for more than two centuries a comparatively unimportant place.

It remained for a later age to develop the real wealth of Argentina, a treasure far greater than mines of gold or silver. The growth of population, and the increase in manufacturing, to which were devoted the energies of many European countries, made imperative the development of new sources of food supplies. The rich pampas of Argentina, which had heretofore been of comparatively little worth, and of which square leagues were almost given away by the government to any one who would pay the taxes, began to attract attention. Experiments showed that the soil was well adapted to the cultivation of all the cereals grown in temperate regions. The construction of refrigerator vessels, by means of which frozen meat could be carried across the equator to Europe, and delivered there in as good condition as when it was started, stimulated the live-stock industry to gigantic proportions. The result has been that Argentina is to-day one of the greatest food-producing countries on the face of the globe."